What is IFSC Code of BANK OF INDIA situated
at PESHAM- RTGS-HO? IFSC Code of
BANK OF INDIA situated at PESHAM - RTGS-HO is

BKID0004786

What is the meaning of IFSC Code, MICR Codes in
Banking industry? IFSC or Indian Financial System Code is
the code allocated to all banks branches. Bank branches use this
code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we
can use it? IFSC Code is a 11 digit code and we can use
this code to communicate between different branches of different
banks. Upon receiving the request for fund transfer it is easy for a
bank to identify the payee branch. First four characters are code of
bank, last six digits are branch code and fifth character is left 0,
for any future use.